Another request....
posted on
Jul 08, 2010 08:32PM
(Edit this Message from the "Fast Facts" Section)
The following taunt from a naysayer on another BB has offered us the opportunity to decide the validity of whether or not naked short selling is depressing/manipulating SFMI share price…and the share prices of many JPMs. Why not press the issue??
“….that post is absolute nonsense. please provide evidence that sfmi is being naked shorted.”
THEN LET’S …. that is just exactly the point fellow SFMI longs and CEO. Naked short selling is extremely difficult to prove and the regulators do nothing about it. Hordes of information and prof sources about it from Jim Sinclair, Patrick Byrne, Mat Tabbi and many others is readily accessible.
"Your1banker" deserves huge kudos for posting such relevant information (below). I think we should all send the information on how to put a stop to it to P.Quilliams/Rich Kaiser post haste. Changing the CUSIP # will flush out the criminals in a big hurry. Let's go for it...that will provide the ultimate proof!
Attn: Rich Kaiser …. email: yes@yesinternational.com
"At this time, the price per share of SFMI is being manipulated by an illegal activity called Naked Short Selling.
If you don’t know what naked short selling is, let me explain:
Essentially the seller COUNTERFEITS shares
of SFMI and sells them.
Then they buy back the shares at a artificially lower price that they have created to cover the shares they counterfeited and pocket the difference. Many companies have been destroyed this way.
PR’s do not help that much, as the naked short seller just counterfeits more shares.
There are only a few ways to counter naked short selling and the fast and easiest way is changing the CUSIP number.
Changing the CUSIP number cost $148 and takes only 2 days to go into effect and essentially it makes everyone who has shorted shares of OTOW cover their shorts immediately usually sending the price per share of the company to its real value.
Here is the information for changing the CUSIP number:
Please contact the CUSIP Service Bureau directly at +1 212 438 6565 for guidance on changing the CUSIP number.
Please Read the Following:
Hard To Treat Diseases (HTDS) - CUSIP Change to Force Short Sellers To Cover:
http://www.prnewswire.com/news-releases/hard-to-treat-diseases-htds---cusip-change-to-force-short-sellers-to-cover-62172142.html
UTRM changed their CUSPID number wrote the following recently:
"a potential ancillary benefit to our CUSIP number change is the forced covering of naked short positions in our stock. We have been monitoring the daily 'failure to deliver' totals and, although difficult to be certain, there is a strong possibility that we have a few million shares that have been sold, but not delivered. CUSIP change triggers short covering."
Eat My Shorts!
A Naked Shorting Primer for CEOs:
http://americanmicrocapinstitute.com/featuredcolumn2.htm
Who ever has has the email for the CEO, please copy, paste and send!
Yes International Ltd.
Attn: Rich Kaiser
3419 Virginia Beach Blvd., #252
Virginia Beach, VA 23452
Tel: 757-306-6090
email: yes@yesinternational.com